Hess Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	10,645	11,570	7,583	4,804	6,510	Upgrade
Revenue Growth (YoY)	-7.99%	52.58%	57.85%	-26.21%	0.68%	Upgrade
Cost of Revenue	4,724	5,035	3,435	2,278	3,157	Upgrade
Gross Profit	5,921	6,535	4,148	2,526	3,353	Upgrade
Selling, General & Admin	527	531	340	357	397	Upgrade
Research & Development	317	208	162	351	233	Upgrade
Other Operating Expenses	2,128	1,757	1,675	4,200	2,122	Upgrade
Operating Expenses	2,972	2,496	2,177	4,908	2,752	Upgrade
Operating Income	2,949	4,039	1,971	-2,382	601	Upgrade
Interest Expense / Income	478	493	481	468	380	Upgrade
Other Expense / Income	356	351	331	254	168	Upgrade
Pretax Income	2,115	3,195	1,159	-3,104	53	Upgrade
Income Tax	733	1,099	600	-11	461	Upgrade
Net Income	1,382	2,096	559	-3,093	-408	Upgrade
Preferred Dividends	0	0	0	0	4	Upgrade
Net Income Common	1,382	2,096	559	-3,093	-412	Upgrade
Net Income Growth	-34.06%	274.96%	-	-	-	Upgrade
Shares Outstanding (Basic)	306	308	307	305	301	Upgrade
Shares Outstanding (Diluted)	308	310	309	305	301	Upgrade
Shares Change	-0.65%	0.10%	1.48%	1.20%	1.01%	Upgrade
EPS (Basic)	4.52	6.80	1.82	-10.15	-1.37	Upgrade
EPS (Diluted)	4.49	6.77	1.81	-10.15	-1.37	Upgrade
EPS Growth	-33.68%	274.03%	-	-	-	Upgrade
Free Cash Flow	-166	1,219	1,143	-864	-1,187	Upgrade
Free Cash Flow Per Share	-0.54	3.96	3.72	-2.83	-3.94	Upgrade
Dividend Per Share	1.750	1.500	1.000	1.000	1.000	Upgrade
Dividend Growth	16.67%	50.00%	0%	0%	0%	Upgrade
Gross Margin	55.62%	56.48%	54.70%	52.58%	51.51%	Upgrade
Operating Margin	27.70%	34.91%	25.99%	-49.58%	9.23%	Upgrade
Profit Margin	12.98%	18.12%	7.37%	-64.38%	-6.33%	Upgrade
Free Cash Flow Margin	-1.56%	10.54%	15.07%	-17.99%	-18.23%	Upgrade
Effective Tax Rate	34.66%	34.40%	51.77%	-	869.81%	Upgrade
EBITDA	4,639	5,391	3,168	-562	2,555	Upgrade
EBITDA Margin	43.58%	46.59%	41.78%	-11.70%	39.25%	Upgrade
Depreciation & Amortization	2,046	1,703	1,528	2,074	2,122	Upgrade
EBIT	2,593	3,688	1,640	-2,636	433	Upgrade
EBIT Margin	24.36%	31.88%	21.63%	-54.87%	6.65%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).